TVW Update

TVW Update

Budget writers get $400 million boost from latest revenue forecast

Stephen Lerch

The state is on track to collect about $400 million more in revenue in the current and upcoming budget cycles, giving legislative budget writers a boost as they attempt to negotiate a deal in the remaining 10 days of special session.

The Economic and Revenue Forecast Council expects the state… Continue reading Budget writers get $400 million boost from latest revenue forecast

Mid-session recap on ‘Legislative Review’

Here's our 15-minute recap of floor action leading up to the mid-session cutoff deadline on "Legislative Review." We cover a Senate proposal to tie college tuition to the state's average wage, as well as a lengthy debate over payday lending loans. In the House, we have details from a debate on the Equal Pay Act, as well as a bill that would create statewide regulations for ride-sharing companies like Uber. Continue reading Mid-session recap on ‘Legislative Review’

Lawmakers facing budget shortfall, say Initiative 1351 ‘creates a problem’

Economic forecasters said Wednesday the state is on track to collect $36.9 billion in the next two-year budget cycle, about $275 million more than they previously forecasted. But it is still not enough to cover current government services and K-12 education obligations. Lawmakers will be facing about a $2.2 billion dollar shortfall for the 2015-17 budget. Continue reading Lawmakers facing budget shortfall, say Initiative 1351 ‘creates a problem’
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